Lightning payment app Strike made a big splash when it started operating in the South American country of Argentina this week. But now, it has drawn criticism from many users on Twitter complaining that they cannot buy, sell or hold bitcoin compared to users in other countries. Instead, it only supports Tether’s stablecoin USDT on the app.
News: In Argentina, Strike App Will Not Support Bitcoin
Strike, the software that powers the Lightning Network, has launched services…
Read more: https://t.co/x5q9ZyHM5h#Argentina #Bitcoin #COINS #cryptocurrencies # Cryptocurrency pic.twitter.com/vPqsR5f8wr
– CoinsCapture (@CoinsCapture) January 15, 2022
According to CoineDesk, Nicolás, an Argentinian user, told them that the app converts crypto to USDT. According to him, the Strike wallet only contains USDT. Many other users have called the app on Twitter, calling it a “disappointment”.
No response from the company!
The company has not yet responded to the issue of users in the South American country. Earlier, the company, through the Twitter page of CEO Jack Mallers, announced the arrival of the platform in this country.
Here is an excerpt from the tweet:
“Today, we bring a superior financial experience to a country facing hyperinflation, predatory payment networks, and unusable cross-border transfers. Today, we use the world’s open currency network, #Bitcoin, to give hope to the people of Argentina. ”
What is the Strike App?
The Strike App is a Lightning Payments app that allows users to send and receive Bitcoin (BTC) and Lightning Network payments directly to and from a bank account. It allows users to send money anywhere in the world via Bitcoin. This is considered one of the easiest ways to buy and sell Bitcoin.
Developed by Zap Solutions, the app is based in the US. The company previously launched the service in El Salvador in March 2021. By expanding operations to countries like Argentina, the company plans to become the leading Bitcoin payment app in the US region. Latin.